CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Korala Border Emerges as Key Trade Route Amid Blocked Crossings with China

CEO Tab by CEO Tab
September 23, 2025
in Prime News
0
Hopes for Korala border opening remain unfulfilled
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

With the Rasuwagadhi and Tatopani trade routes closed for the past two months due to floods and landslides, Nepal–China commercial trade has shifted to the Korala border point in Mustang. The Korala customs office at Nechung became fully operational on September 15 to facilitate the growing volume of bilateral trade.

You might also like

Govt to Scrap Politically Driven Projects, Redirect Rs 120 Billion to Clear Dues

Tourism Picks Up at Annapurna Base Camp and Maurice Herzog Trail

IMF Pledges Support for Nepal’s Economic Reforms Amid Political Transition

According to the Department of Customs (DoC), more than Rs 344.7 million in customs revenue has already been collected since trade through Korala began. In the first week alone, Nepal imported 209 electric vehicles and 107 cargo trucks loaded with goods via this alternative crossing.

To streamline customs clearance, the DoC has installed the Automated System for Customs Data (ASYCUDA) at the checkpoint. At the same time, Nepal Rastra Bank has started issuing letters of credit for imports through Korala, ensuring smoother trade procedures.

Officials note that the Korala border has quickly grown in importance, now serving as a crucial alternative trade route with China until the heavily damaged Rasuwagadhi and Tatopani crossings are restored. Its operationalization has also raised prospects of diversifying Nepal’s cross-border trade infrastructure and reducing dependency on a few vulnerable entry points.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Govt to Scrap Politically Driven Projects, Redirect Rs 120 Billion to Clear Dues

by CEO Tab
September 23, 2025
0
Finance_Ministry

The government formed in the wake of the Gen-Z movement has decided to scrap projects inserted into the budget by the previous administration under political pressure. According to...

Read more

Tourism Picks Up at Annapurna Base Camp and Maurice Herzog Trail

by CEO Tab
September 23, 2025
0
Protected areas draw nearly a million visitors in last FY

With the onset of the tourism season, activity has surged along the Maurice Herzog Trail and the Annapurna Base Camp (ABC) in Myagdi district. According to Shyam Purja,...

Read more

IMF Pledges Support for Nepal’s Economic Reforms Amid Political Transition

by CEO Tab
September 23, 2025
0
Nepal to receive Rs 48 billion loans from IMF

The International Monetary Fund (IMF) has pledged its support to Nepal’s ongoing economic reform efforts under the new government. In a virtual meeting with Finance Minister Rameshwar Khanal,...

Read more

Govt’s Capital Gains Tax Revenue Plunges 77% Amid Stock Market Slowdown

by CEO Tab
September 23, 2025
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government’s revenue collection from capital gains tax (CGT) recorded a sharp decline last month, dragged down by a significant fall in share transactions. According to CDS &...

Read more

DCGF to Invest Rs 2.57 Billion in Fixed Deposits with Commercial Banks

by CEO Tab
September 21, 2025
0
DCGF to Invest Rs 2.57 Billion in Fixed Deposits with Commercial Banks

The Deposit and Credit Guarantee Fund (DCGF) has announced plans to invest Rs 2.57 billion in fixed deposits with commercial banks as part of its fund mobilization strategy....

Read more
Next Post
Govt collects CGT of Rs 4.23 billion in first month this FY

Govt’s Capital Gains Tax Revenue Plunges 77% Amid Stock Market Slowdown

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.